Rivian Automotive (NASDAQ: RIVN ), the high-profile electric vehicle startup, has been a company I've watched with great interest since its blockbuster IPO in 2021. As one of the most well-funded EV s
Rivian NASDAQ: RIVN made progress on several fronts in Q2 and reached a pivotal quarter, at least in the eyes of its CEO. However, despite the good news, the stock price will return to $10 and may mov

Rivian Faces Uphill Battle in Slowing EV Market

05:45am, Thursday, 08'th Aug 2024
Rivian says it will get to industry-leading margins, but that may not be possible.
Rivian (NASDAQ: RIVN ) has greatly reduced its costs and continues to expect to generate positive gross profit in the fourth quarter of this year and in all of 2025. There are multiple signs that the
Electric vehicle (EV) manufacturer Rivian (NASDAQ: RIVN ) is seeing its hopes for a return of bullish momentum stunted after a disappointing showing in the second quarter. During the period, losses wi
Rivian Automotive Inc. told Wall Street that gross profit is in sight, but its recent quarterly report did little to remove concerns that a “bumpy” road could be ahead for the EV maker.

Market Misses: ABNB, NVO, LYFT & RIVN

12:27pm, Wednesday, 07'th Aug 2024
Despite a positive first half to Wednesday's trading day, a few notable stocks fell when earnings didn't meet expectations. Caroline Woods joins Oliver Renick to take a closer look at Airbnb (ABNB), N
Shares of Rivian Automotive (RIVN) fell Wednesday, a day after the electric vehicle (EV) manufacturer's second-quarter net loss widened as it continued to lose money on each unit it sells.

Why Rivian Stock Dropped Wednesday

11:50am, Wednesday, 07'th Aug 2024
Rivian held firm on its full-year production and capital spending forecasts. Rivian has cut production costs by 20% for one of its models.
Electric vehicle company Rivian Automotive RIVN draws mixed reactions from analysts over its partnerships and focus on profitability after reporting second-quarter financial results.

Rivian CEO RJ Scaringe on deal with Volkswagen

11:44am, Wednesday, 07'th Aug 2024
Rivian Automotive beat Wall Street's top- and bottom-line expectations for the second quarter. The electric vehicle maker, which is still losing thousands of dollars for every vehicle it makes, has be
California-based electric vehicle (EV) startup Rivian Automotive RIVN reported second-quarter 2024 results yesterday, after market close. Revenues came in lower than expected and the loss per share wa

Rivian CEO Scaringe on Profit Goal and EV Output

10:06am, Wednesday, 07'th Aug 2024
Rivian founder and CEO RJ Scaringe discusses the company's earnings forecast and electric-vehicle production plans amid a looming plant shutdown on "Bloomberg Open Interest." Rivian said it expects to
First-quarter revenue edged up 3% year over year, which was good enough to beat Wall Street's consensus estimate of 1% growth. Adjusted loss was $1.13 per share, narrower than the loss of $1.21 per sh
Rivian is working to scale up its business over the next few years. CleanSpark is carving out a high-growth niche in low-carbon Bitcoin mining.
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